Regulatory Alerts2017-12-11
Notice on Filing Annual Returns and Documents for Quebec-licensed Insurers – Fiscal Year Ending December 31, 2017
The Autorité des marchés financiers requires Quebec-licensed insurers to electronically file all statutory annual returns and supporting documents via the AMF E-Services platform for the fiscal year ending December 31, 2017. This mandate replaces the legacy File Transfer Service and obligates insurers to retain complete signed paper copies at their premises for regulatory examination. Failure to submit the specified documents by the February or March 2018 deadlines triggers administrative monetary sanctions under section 405.1 of the Quebec Insurance Act.
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